Lululemon
has been the butt of recent jokes in the media after recalling several versions
of its popular yoga pants that proved sheer across the bottom when stretched to
its limits. The exposure brought the
typically quiet company into the spotlight and into an uncomfortable and
unstable pose. The company is public
and, after all of the media hype, had two major audiences that had to be
reassured: worried customers and shareholders.
This release is an attempt to answer important questions about product
quality and how the company is responding.
It is important to note that this release is intentionally material with
a forward looking statement and is subject to SEC rules.
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